Page 189 - 重要中國古董珍玩

P. 189

g th
e pur
n
l
i
other
a
s
h
Buyer to repay any sums that the Buyer owes the Company
c
el

a
ﬂ
y stipulations of the
egar
TICLE 43 DIS
n
c
a
eed, r
wlessness of the L
a
already submitted a written report to the Company regarding
g th
yi
n
e P
c
h
ur
CL
wise agr
pa
ot
s
del
e or
e
a
n
AIMER OF AB
g i
yi
n
SENTEE BID
AR
dless of an
ﬂawlessness of the Lot. . alr eady submitted a written r epor t to the Compan y r egar din g ARTICLE 43 DISCLAIMER OF ABSENTEE BID otherwise agreed, regardless of any stipulations of the c cancelling the purchase or delaying in paying the Purchase Buyer to r epa y an y sums that the Buyer owes the Compan y
ar an
r shall
, the Bu
y
, imp
Since absentee bid is a free service of transmitting
e
rice
he
rmits of the
Comp
shall not b
. T
ye
e
or
y
r
s for
t
L
xp
e
r p
ilitie
an
t or othe
onsib
esp
ot
the loss paddle.
the loss paddle. Since absentee bid is a fr ee ser vice of transmittin g export, import or other permits of the Lot, the Buyer shall P Price. The Company shall not bear any responsibilities for in an y other transactions;
or
in any other transactions;
d
a
fully pay the Purchase Price within 7 days after the Sale Date
h
biddin
e
B
the failure to properly ﬁll in or submit the required import or
b
e
TICLE 32 UNCER
t
y
g information that the Compan
e
r
Y OF C
AINT
j
OGUE
o
A
ARTICLE 32 UNCERTAINTY OF CATALOGUE bidding information that the Company provides to the fully pa y the P urchase P rice within 7 da ys aft er the S ale D ate the failur e to properly ﬁ ll in or submit the r equir ed impor t or 1 11. To reject any bids made by the Buyer or its agent t
1.
T
AR
T
e
d
i
AL
m

s
b
t
T
c
y
n
a
u
t
r
e
a
r
e
n
s
y
i

o
y provides to the
g
o
i
n
r
AR
d c
ON DEPOSIT
n
e
,
e S
n
TICLE 37 A
u
Bidder
or
si
a
te), a
uc
t
ec
for
. I
t
a
t documents.
ep
y and its employees shall not bear an
b
t
pa
u
c
xpor
, the Compan
on
l
k
l
t
s
o
ot
o
t
on
i
n
g th
i
t
ob
g,
e D
l
i
d
W her e the tone, color , gradua tion shape or a n y other ARTICLE 37 AUCTION DEPOSIT Bidder, the Company and its employees shall not bear any y (i (including the Sale Date), and collect the Lot. If packing, e export documents. a at future auctions, or to obtain auction deposit before e
UCTI
c
Where the tone, color, graduation shape or any other
t th
l
a
e
udi
a
uc
f
t
e L
a
n
f
i
h
movin
Bi
xpenses,

i
d
dder
s
pa
n
r
en
tic
ot shown in the catalogue and/or an
y b
Compa
a
pa
f feature of the Lot shown in the catalogue and/or any other When a Bidder participates in an auction of the Company, , r responsibilities for unsuccessful bidding or any errors, moving costs, and insurance expenses, expenses related to If the Buyer requests the Company to apply for the import t a accepting any bids; ;
elated to
a
g or an
c
uc
W
a
e of the L

e
n
eatur
If the Buyer r
th

of
y error
y other
on
ti
y
c
n
s,
n
n
e
t
xpenses
i
e
i
r
equests the Compan
g a
p
g costs, and insurance e
esponsibilities for unsuccessful biddin
tes
y to apply for the impor
xpor
y them altogether
l
e/s
n
a
ol
h
t ar
, so
eller
illustrations, images and public materials diﬀer from those
e
o disclose the information of the Buyer to the S
s
h
ec
illustrations, images and public materials diﬀ er from those h he/she shall ﬁrst pay the auction deposit before collecting g omissions, negligence, fault or inability to bid on its behalf e export are involved, the Buyer shall pay them altogether. . and e xpor t licenses on its behalf , the Compa n y has the 12. To disclose the information of the Buyer to the Seller, so
ti
l
l
n
t
o
c

depos
omissions, negligence, fault or inability to bid on its behalf
s
e
a
e
th
ti
pa
y
uc
r
ﬁ
i

and export licenses on its behalf, the Company has the
t
e involved, the Buyer shall pa

o
12. T
bef
r

er
s
a
vi
is
g process.

ge
ill be
r
,
to
er
the paddle. T
durin
igh
ev
t
How
c
g the biddin
h
of the original Lot due to printing, photography or other
c
of the orig inal L ot due to printin g, photograph y or other the paddle. The amount of the auction deposit will be during the bidding process. r right to charge service fees for this service. However, the that the Seller can start a law suit to recover the outstanding g
e.

he amount of the auction deposit w
e
th
f
ic

f
v
or
ser
ees
the
that the S
ecover the outstandin
w suit to r
eller can star
t a la
t license
amount, or claim damages and claim legal fees for breach of
k
y does not w
L
e. An
edenc
ea
xpor
hnic
ot sha
announced by the Company before the Auction Date, and the
arrant that the impor
t or e
l
l
ec
technical reasons, the original Lot shall take precedence. Any y announced b y the Compan y befor e the Auction D ate, and the AR TICLE 52 P A YMENT CUR R ENC Y Company does not warrant that the import or export license amount , or claim damages and claim legal f ees for br each of
ARTICLE 52 PAYMENT CURRENCY
r
sons, the origina
Compan
e pr
tec
a
ll ta
g
l
e
y and the S
Buyer
l
K
be
on
i
will be issued. T
r
l
g
l
I
eller has not made
a
ies
mon
th
he Compan
pa

i
introduction and appraisal of any Lot made by the Company
y the Buyer
f
introduction and appraisal of an y L ot made b y the Compan y Compan y has the right to w aive the auction deposit . If the AR TICLE 44 FIRS T -C OME-FIRS T -SER VE PR INCIPLE All monies shall be paid in Hong Kong dollars. If the Buyer will be issued. The Company and the Seller has not made contract by the Buyer. .
Hon
n
Company has the right to waive the auction deposit. If the
ARTICLE 44 FIRST-COME-FIRST-SERVE PRINCIPLE
s
dol
s
ha
.
Al
d
contract b

y
L
ot
in r
pays in another currency other than Hong Kong dollars, it
espect
of whether or not an
SENTEE BID
arranty
and its employees or its agents in anyway (including the
and its employees or its agents in an y w a y (includin g the Bidder fails to buy the L ot and he does not owe the Compan y FOR ABSENTEE BID pa ys in another curr ency other than Hon g K on g dollar s, it declaration or warranty in respect of whether or not any Lot
F
declaration or w
OR AB
Bidder fails to buy the Lot and he does not owe the Company
e
r
eturned to the
medi
o

s
)
ARTICLE 59 REMEDIES FOR DELAY IN COLLECTING
If two or more Bidders appointing the Company to bid on their
a
is subject to impor
l
t r
estrictions or an
an
y sum, then that auction deposit shall be r
y embar
t and e
a
go.
xpor
n
shall convert it at the exchange rate agreed between the

c
ogue,
ew
d

ﬁ
l
c
a

n
ta
a
h
te,
ti
i
c
n
certiﬁcate, catalogue, slideshow and news media) are only y any sum, then that auction deposit shall be returned to the If two or mor e Bidder s appointin g the Compan y to bid on their shall c onver t it a t the e x c ha n ge ra te a gr eed betw een the is subject to import and export restrictions or any embargo. AR TICLE 59 R EMEDIES F OR DEL A Y IN C OLLE CTING
s
er
l
a
des
ow
f
Buyer and the Company or at the exchange rate of Hong
n
behalf have bid the same price for the same Lot and eventually
w
n
n
i
ut i
ys
i
g da
i
l
o
ul
dder
th
ter
h
r
a
t w
w
opinions for r ef er ence and do not constitute an y guarantee B Bidder in full without interest within 14 working days after behalf ha ve bid the same price for the same L ot and eventually Buyer and the Compan y or at the e x chan ge rate of Hon g THE LOT
o
opinions for reference and do not constitute any guarantee
i
t
k
4
er
t
i
THE L
1
n
i
f
es
OT
TICLE 58 R
OR N
A
EMEDIES F
ON-P
AR
YMENT
aft
sold

er
the
the
Buyer
evious work
purchased
in
st
P
L
ot
r
who

ﬁ
g
L

s and that curr
ys
is
to
fails
K
Hammer
rice,
one
the
ot
collect
da
7
for the Lot. The Company and its employees or its agents
at
that
the end of the auction. If the Bidder succeeds in buying a Lot,
on the pr
for the L ot . T he Compan y and its employees or its agents the end of the auction. If the Bidder succeeds in buyin g a L ot , that Lot is sold at that Hammer Price, then the one who ﬁrst Kong dollars and that currency type on the previous working ARTICLE 58 REMEDIES FOR NON-PAYMENT If the Buyer fails to collect the purchased Lot 7 days after the
that
the
g dollar
ency type
on
then
If
y has the
o m
it
l
g the S
pa
a
t
ha
l
d
ale D
s
a
ver
s
ul
h
ti
depos
on
i
e f
n
da
g to
the
ba
Compa
ted
k
uc
a
tic
ate), the Compan
ed
nk
e
e B
y
a
y
y
l
be
I
b
a
th
l
f
a

utoma
f
l
i
ale D
a
l
s selec
y
c
n
uyer
shall under tak e no liability for an y inaccuracy or omission in the auction deposit shall automatically be converted to the submitted to the Compan y shall be the Buyer of that L ot . day announced by such bank as selected by the Company. . If the Buyer fails to make full payment according to the S Sale Date (including the Sale Date), the Company has the
shall undertake no liability for any inaccuracy or omission in
on
th
ted
nnounc
o
submitted to the Company shall be the Buyer of that Lot.
en
e
the
th
r
ym
a
suc
t
b
y
c
c
to
ate (includin
y
the
pa
tion
sions
the afor
Busin
a
the aforesaid introduction or appraisal. pa yment of the P urchase P rice of the L ot . All bank handling fees, commission and charges incurred by y provisions of the Conditions of Business or any payment right to adopt one or mor e of the measur es below:

ed b
provi
Condi

ess
yment
or
of
esaid introduction or appraisal.
All bank handlin
right to adopt one or more of the measures below:
s
n
payment of the Purchase Price of the Lot.
of
ges incurr
g f
ees, commission and char
c
n
o
r
.
a
eed with the Compan
g but n
ed t
i
os
, the Compan
the Company for converting the foreign currency paid by the
i
arran
l
o th
e s
c
m
t
l
y
(
ee
n
i
AR TICLE 45 DIS CR E TI ON OF THE A UCTI ONEER the Compan y for conver tin g the for eign curr ency paid b y the arrangements agreed with the Company, the Company has 1 1. All costs (including but not limited to the storage fee
to
t l
gements agr
Al
ARTICLE 45 DISCRETION OF THE AUCTIONEER
y has
ts
i
ge f
ud
c
TI
o
a
ARTICLE 33 RESERVE AND ESTIMATE ARTICLE 38 DISCRETION OF THE COMPANY T The Auctioneer has the right at his absolute and sole Buyer into Hon g K on g dollar s shall be borne b y the Buyer . the right to adopt one or more of the following measures: c calculated and charged according to the provisions of the e
e
c
ul
he
n
TICLE 33 R
th
r has the
ne
TE
g to
ht
OMP
the right to adopt one or mor
A
solu
AR
rig
e pr
uctio
ANY
ON OF THE C
o
a
and sole
g measur
th
r
f
di
AR
i
ted a
a
h
s
ged a
ov
r
ESER
s
TIMA
l
e of the followin
n
TICLE 38 DIS
VE AND ES
i
c
Buyer into Hong Kong dollars shall be borne by the Buyer.
on
d
E
CR
te
c
es:
at his ab
ec
l
er
s
etion in the followin
w
o
a
i
t
n

ﬀ
s
s the right
to forbid a
a
es
o
r
ed
Bidder Registration Order starting from the 31st day from
c
t
l
di

n
l
y ha

L
a
s
g matter
ted,
ubj
th
er

1. After the Lot is sold, if the Buyer fails to pay the Purchase
e
discr

ot
U Unless otherwise indicated, all Lots are oﬀered subject to a a The Company has the right to forbid anyone from discretion in the following matters: s: 1. Aft er the L ot is sold, if the Buyer fails to pa y the P urchase Bidder R egistration Or der star tin g from the 31st da y from
yone from
i

s
n
o
e
he Compan
T
ticipatin
1. Refusal or acceptance of any bid;
eser
eser
ale D
the Sale Date (including the Sale Date) and/or risks for the
y the Compan
par
rice w
R Reserve. Normally, the Reserve is not higher than the lowest participating in the auction organized by the Company or 1. R efusal or acceptance of an y bid; AR TICLE 53 TRANSFER OF O WNERSHIP P Price within 7 days from the Sale Date (including the Sale the S ale D ate (includin g the S ale D ate ) and/or risks for the
y or
g in the auction or
ale
ve. Normally
, the R
ganized b
ve is not higher than the lowest
ys from the S
g the S
ate (includin
ithin 7 da
ARTICLE 53 TRANSFER OF OWNERSHIP
entering the auction site, or taking pictures or shooting
the
h a manner as he ma
owner
the
g out the auction in suc
D

yin
passed
when
ﬔ
ship
e the auction or published befor
2. Carr
E Estimate announced before the auction or published before e enter in g the a uc tion si te, or ta k in g pic tur es or shooti n g 2. Carrying out the auction in such a manner as he may y ﬔe ownership shall be passed onto the Buyer only when the Date), the auction deposit paid at the time of bidding tak in g out of an insurance policy and/or storin g the L ot in the
onto
ate), the auction deposit paid at the time of biddin
taking out of an insurance policy and/or storing the Lot in the
g
Buyer
only
shall
be
e
stimate announced befor
the auction by the Company. If a Reserve has not been set for
the auction b y the Compan y . If a R eser ve has not been set for videos at the auction site at its discr etion. decide; Buyer has fully paid the P urchase P rice and all monies that r registration shall not be refunded, and it shall at the same Compan y or other places shall be borne b y the Buyer . Only
decide;
un
ef
r
ded,
nd
a
Buyer has fully paid the Purchase Price and all monies that
ha
s

l
be
not
l
i
th
t
a
e
Company or other places shall be borne by the Buyer. Only
me
sa
a
sh
t
l

videos at the auction site at its discretion.
l
on
stra
egi
ti
has
w
P
L
ot
it for au
of
Buyer
the Buyer owes the Company.
ithdra
g
rice,
3. W
arate
er

time bear the relevant responsibilities according the
aft

al of an
ction se
the
y
p
a L ot , unless ther e has alr eady been biddin g, the Auctioneer , 3. Withdrawal of any Lot, dividing it for auction separately, , the Buyer owes the Compan y . time bear the r elev ant r esponsibilities accor din g the after the Buyer has paid the full amount of the Purchase Price,
a Lot, unless there has already been bidding, the Auctioneer,
P
ly
paid
the
full
the
, dividin
urchase
amount
ARTICLE 39 HANDLING OF ABNORMAL EVENTS
the star
mov
y two or mor
k
c
n
a

a
osts,
nc
g
tin
c
L
provisions of the Conditions of Business; if the Buyer has
combinin
e L
ots for auction;
in
etion,
it
g an
ma
in his or her discr
ec
in his or her discretion, may determine the starting price, but AR TICLE 39 HANDLING OF ABN OR MAL E VENT S combining any two or more Lots for auction; provisions of the Conditions of Business; if the Buyer has it can collect the Lot (packing and moving costs, insurance e
ins
the
in
t
g price, but
ura
c
g
(pa
c
nd
y determine
ot
oll
this shall not be higher than the lowest E stimate of the L ot If an y abnormal event occur s at the auction site, the 4. If the r e ar e e rror s or disp ut es, no matt e r if t he y occur AR TICLE 54 TRANSFER OF R ISK S bought a f ew L ots with the same paddle, aft er the L ots ar e expenses, expenses related to export shall be at the Buyer's
xpenses, e
this shall not be higher than the lowest Estimate of the Lot
e
elated to e
4. If there are errors or disputes, no matter if they occur
xpor
xpenses r
bought a few Lots with the same paddle, after the Lots are
t shall be at the Buyer's
ARTICLE 54 TRANSFER OF RISKS
If any abnormal event occurs at the auction site, the
auction,
sold, if the Buyer has not paid the P
xpense);
the
decide
rice of an
er
durin
or
he
e

right
g
aft
to
urchase P
ve
shall
before the auction.
y of
befor e the auction. Compan y has the right to tak e emer gency actions. If an y during or after the auction, he shall have the right to decide Aft er the biddin g has succeeded, the risks oft he L ot shall be sold, if the Buyer has not paid the Purchase Price of any of expense);
After the bidding has succeeded, the risks ofthe Lot shall be
Company has the right to take emergency actions. If any
ha
the

Bi
ul
the
,
to

hether
c
es
c
sf
dder
ontinue
w
not
or
borne by the Buyer itself after the occurrence of one of the
suc

the
then
ute arise
ted,
a
uc
e
entir
disp
ithi
n
w
L
ots
stipul
a
s at the auction site, the
the
time
y liability
nder no circumstances shall the Compan
and
risks
all
the
ed
U Under no circumstances shall the Company bear any liability dispute arises at the auction site, the Company has right to the successful Bidder, whether or not to continue the borne b y the B uyer i tsel f a ft er th e oc c ur r en c e of one of the the Lots within the time stipulated, then the entire auction 2. ﬔe Buyer shall bear all the risks and expenses incurred
incurr
e
xpenses
ﬔ

2.
tion
y bear an
shall
bear
Buyer

e
Comp
y has rig
the
an
ht to
the
g events (whichever earlier):
followin
auction, to cancel the auction or place the L

deposit shall not be refunded, and it shall at the same time
ot under dispute

aft
er the deadline as stated in the Conditions of Business if it
when the bids for a Lot do not reach the Reserve. If the bids
when the bids for a L ot do not r each the R eser ve. If the bids mediate and settle it . auction, to cancel the auction or place the Lot under dispute following events (whichever earlier): deposit shall not be r efunded, and it shall at the same time after the deadline as stated in the Conditions of Business if it
mediate and settle it.
tha
hi
ot; or
s
her
for auction again;
e Buyer has collected the L
or
Auc
the
1. ﬔ
r
R
tioneer
e
,
a are lower than the Reserve, the Auctioneer, in his or her for auction again; 1. ﬔe Buyer has collected the Lot; or bear the r elev ant r esponsibilities accor din g the provisions of cannot collect the L ot concerned within that deadline. If the
cannot collect the Lot concerned within that deadline. If the
er
eser
i
the
bear the relevant responsibilities according the provisions of
ve,
n

n
low
b
n
ma
r
idd
e
g
in
and
at
Buyer has not yet collected the Lot within 30 days from the
a

e
discretion, may sell the Lot at a price lower than the Reserve.
ﬔ
the Conditions of Business;
y
A

t
y

discr etion, ma y sell the L ot at a price lower than the R eser ve. AR TICLE 40 C ONFIR MA TI ON OF BUYER 'S IDENTIT Y 5. ﬔe Auctioneer may open and carry out the bidding at a 2. ﬔ e Buyer has fully paid the P urchase P rice for the L ot to the Conditions of Business; Buy er has not yet collected the L ot within 30 da ys from the
ou

carr
he
5.
t
uctione
ARTICLE 40 CONFIRMATION OF BUYER'S IDENTITY
e

2. ﬔe Buyer has fully paid the Purchase Price for the Lot to
the Compan
level with biddin
D
ale
ate
S
ements that he consider
the
ale
D
(includin
g
ate),
must
Buyer
e
tak
e
ﬔ
Bidder
paddle
good
of
e
his/her/its
2. If the Buyer fails to pay the Purchase Prices in full to
car
However under such circumstances, the amount that the
y; or
How ever under suc h c ir c umsta nc es, the a moun t th a t the ﬔe Bidder must take good care of his/her/its paddle and be level with bidding increments that he considers suitable, and the Company; or 2. If th e B uyer f a i l s to pa y th e P ur c h a se P ri c es i n f ul l to S Sale Date (including the Sale Date), after notifying the Buyer, ,

er
notifyin

aft
g incr
be
the
g

and
s suitable, and
Compan
er

eller up to the amount
has the right to bid on behalf of the S
Company shall pay the Seller shall be the amount that the caut ious not to lose it . ﬔ e Bid de r shall not le nd his/ he r/its has the right to bid on behalf of the Seller up to the amount 3. ﬔe expiry of seven days after the Sale Date (including the the Compan y within 7 da ys from the S ale D ate (includin g the Company has the right to sell that Lot in a public auction

ot in a public auction
aft
the
y shall pa

da
e
cautious not to lose it. ﬔe Bidder shall not lend his/her/its
D
S
the Compan
ﬔ

ale
y
the
seven
the Company within 7 days from the Sale Date (including
of
(includin
ate
e
xpir
g
eller shall be the amount that the
y the S
3.
ys
y has the right to sell that L
ot w
eller would r
eser
ve.
ale D
paddle to other
as sold at the R
y has the right to appoint a
or by a method and with methods and conditions that it
the S
s, or the Bidder shall assume all legal liability
S Seller would receive as if the Lot was sold at the Reserve. paddle to others, or the Bidder shall assume all legal liability of the R eser ve, either b y placin g consecutive bids or b y S Sale Date). the Sale Date), the Company has the right to appoint a or b y a method and with methods and conditions that it
ate), the Compan
ate).
ale D
eceive as if the L
of the Reserve, either by placing consecutive bids or by
the
for others' act of bidding for the Lot using his/her/its paddle.
T The Estimate is estimated at an earlier time before the for other s ' act of biddin g for the L ot usin g his/her/its paddle. placin g bids in r esponse to other Bidder s; th i r d pa r ty o r ga n i z a ti on to c ol l ec t th e en ti r e or pa r t of th e consider s suitable. A n y p roceeds aft er the deduction of all
he E
third party organization to collect the entire or part of the
efor
stimate is estimated at an earlier time b
considers suitable. Any proceeds after the deduction of all
placing bids in response to other Bidders;
e
P
the losses, expenses (packing & moving costs, insurance
Auction D ate, it is not a conﬁ rmed sellin g p rice, and is not 6. Adoption of other actions that he consider s as appropriate. ARTICLE 55 COLLECTION OF THE LOT Purchase Prices that the Buyer owes; the losses, e xp ense s (p ack in g & movin g costs, insurance
Auction Date, it is not a conﬁrmed selling price, and is not
TICLE 55 C
urchase P
rices that the Buyer owes;
OT
ON OF THE L
6. Adoption of other actions that he considers as appropriate.
OLLE
AR
CTI
elated to
3. If the Buyer fails to pay the Purchase Price in full within
torage
costs, e
R
isk and r
t
, S
xpor
and notarial
xpenses r
esponsibility for the lot passes to the Buyer at the
F
ee,
e
lega lly bindin g. E stima tes c a nnot be used a s a f or ec a st of AR TICLE 41 AB SENTEE BIDS Risk and responsibility for the lot passes to the Buyer at the 3. If the Buyer fails to pa y the P urchase P rice in full within costs, expenses related to export, Storage Fee, and notarial
legally binding. Estimates cannot be used as a forecast of
ARTICLE 41 ABSENTEE BIDS
ate), the
of
ARTICLE 46 NO RESERVE
right
rice of the L
thir
from
s from the S
its
the
per
e
y
y has the
in
(includin
shall
ate
y the Compan
D
attend the auction
ale D
y from the disposal
Bidder
ty
ed b
ys
s
da
ale
D
xpiration
ale
son. If
7 da
Compan
ot
the Hammer P
, and the
g
the S
a
the Hammer Price of the Lot, and the Company has the right Bidders shall attend the auction in person. If a Bidder or its AR TICLE 46 N O R ESER VE e expiration of thirty calendar days from the Sale Date (including 7 days from the Sale Date (including the Sale Date), the expenses etc.) incurred by the Company from the disposal
calendar
(includin
xpenses etc.) incurr
Bidder or
ate
S
g
ha

en back b
y the Buyer; such balance is non-
a
evise from time to time the E
agent cannot attend in per
ea
lr
0.03% per da
a
to c
those
ve,
R
s
eser
t
the right
Compa
shall be tak
the Sale Date). or on collection by the Buyer, if earlier. After
ther
est
w
eady made.
unless
a
ots
inter
ge
L
or
stimate alr
to revise from time to time the Estimate already made. agent cannot attend in person, it can appoint the Company y For those Lots without a Reserve, unless there has already the S ale D ate). or on collection b y the Buyer , if earlier . After Company has the right to charge interest at 0.03% per day y shall be taken back by the Buyer; such balance is non-
i
thout
to r
ha
son, it can appoint the Compan
s
F
e
dy
y ha
r
n
ys, all e
g from the 8th da
tin
interest-bearing. If the Buyer fails to take the proceeds back
thir
been bidding, otherwise the Auctioneer, under his own
on the unpaid por
ty calendar da
ed, includin
y after the
g but not
xpenses incurr
r
in writing for the Company to bid on its behalf. ﬔe Company
in writin g for the Compan y to bid on its behalf . ﬔ e Compan y been biddin g, other wise the Auctioneer , under his own thirty calendar days, all expenses incurred, including but not on the unpaid portion starting from the 8th day after the inter est-bearin g. If the Buyer fails to tak e the proceeds back
tion sta
CTI
ON
limited to storage, movin
has the discr
two years after the Sale Date, the balance shall be deposited
has fully paid the
da
discretion, may decide the starting price. If there is no
g, insurance will be for the account of
ale D
etion to accep
ove
y on which the
AR
t the
t or not accep
ate until the
Buyer
ab
ARTICLE 34 BIDDERS' INSPECTION has the discretion to accept or not accept the above discr etion, ma y decide the star tin g price. If ther e is no limited to storage, moving, insurance will be for the account of S Sale Date until the day on which the Buyer has fully paid the two year s aft er the S ale D ate, the balance shall be deposited
TICLE 34 BIDDERS' INSPE

wise
h
a
s
n
R ESPONSIBILIT Y a appointment. Any Bidder who has appointed the Company y bi ddi n g a t s uc h a pr i c e, th e Auc ti on eer w i l l , a t h i s ow n the Buyer . Although the Compan y shall use r easonable eﬀ or ts monies, with the exception that the Buyer has otherwise to a Hon g K on g cour t b y the Compan y after deductin g the
RESPONSIBILITY
nted
Compa
the
a
the Buyer. Although the Company shall use reasonable eﬀorts
to a Hong Kong court by the Company after deducting the
ppoi
monies, with the e
y
x
Bi
w
dder
ntment
ppoi
.
ception that the Buyer has other
An
ho
bidding at such a price, the Auctioneer will, at his own
g legal f
y;
The Bidder and/or his/her/its agents shall have the to bid shall handle the appointment formalities within the discr etion, lower the price and continue the auction until a to tak e car e of purchased L ot and suggest handler s, pack er s or agreed with the Company; r relevant expenses (including legal fees).
he Bidder and/or his/her/its agents shall ha
T
to bid shall handle the appointment formalities within the
ve the
xpenses (includin
discretion, lower the price and continue the auction until a
ant e
ees).
to take care of purchased Lot and suggest handlers, packers or
eed with the Compan
agr
elev
he Buyer shall bear the risks and e
conditions of the L
xpenses of tak
Bidder star
ot
ts to bid, then he will
in
g
period stipulated (no later than three business days), and
4. T
continue the auction
carriers, the company is not responsibleto any person to whom
r responsibility to learn about the actual conditions of the Lot period stipulated (no later than thr ee business da ys), and Bidder starts to bid, then he will continue the auction at that carrier s, the compan y is not r esponsibleto an y per son to whom 4. The Buyer shall bear the risks and expenses of taking
that
at
esponsibility to learn about the actual
ARTICLE 60 LIMITED WARRANTY
i
out an insurance policy, moving and storing the Lot in the
t
i
a
price and then continue up from that amount.
and shall be legally liable for his/her/its bid for a cer
we ha

tain
e
r
o
o
o
and shall be legally liable for his/her/its bid for a certain produce a completed Absentee Bid Order to the Company, , price and then continue up from that amount . we have made are commendation for the acts or omissions of f out a n i n sur a n c e pol i c y , mov i n g a n d stor i n g th e L ot i n the AR TICLE 60 LIMITED W AR RANT Y
o
ve made ar
y
s

e commendation for
n
s

der to the Compan
produce a completed Absentee Bid Or
s
c
s
t
the third party concerned.
1
per
ot
sonally
Bidder
arranty to the Buyer: If the
L Lot. ﬔe Company strongly advises the Bidders to personally and at the same time pa y the auction deposit accor din g to the thir d par ty concerned. Company or other places; 1.The Company provides general warranty to the Buyer: If the
e

Compan
Compan
y provides general w
y
advises
and at the same time pay the auction deposit according to
s
he Compan
to
T
.
.
y or other places;
gly

stron
ﬔ
the
bef
or
y is later found to be a counterf
pec
i
e or
t th
the Conditions of Business.
TICLE 47 IMA
gi
or
n
Y B
E DISPL
e th
A
s
ten
d to bi
L
y the Compan
5. To sue the Buyer or apply to Arbitration Agency for
D AND
i
eit
ot sold b
ey i
l
n
n
d f
inspect the original Lot they intend to bid for before the e the Conditions of Business. ARTICLE 47 IMAGE DISPLAY BOARD AND 5. T o sue the Buyer or apply to Arbitration Agency for L Lot sold by the Company is later found to be a counterfeit, the
O
AR
ot th
, the
G
AR
a
TICLE 56 P
mediation, demand for compensation for all the losses due
VING
O
ING, HANDLING AND M
A
ate b
y authentication or other means. Bidder
Company will cancel that deal according to the terms of the
If the Bidder who has appointed the Company to bid needs
CURRENCY CONVERSION BOARD
CK
AR
Auction Date by authentication or other means. Bidders s If the Bidder who has ap pointed the Compan y to b id needs CUR R ENC Y C ONVERSI ON B O AR D ARTICLE 56 PACKING, HANDLING AND MOVING mediation, demand for comp ensation for all the losses due Compa n y w i l l c a nc el th a t dea l a c c or din g to th e ter ms of the
Auction D
o facilitate Bidder
y use image projector
to the breach of contract by the Buyer including but not
s, the Compan
If the employees of the Company pack and handle the Lot
shall judg e b y themselves whether L ot comp lies with the to c ancel the a bsentee bid, it sha ll notif y the Compan y no T To facilitate Bidders, the Company may use image projector If the employees of the Compa n y pac k a nd handle the L ot to the br each of contract b y the Buyer includin g but not Conditions of Business, and will r eturn to the Buyer in the curr ency
shall judge by themselves whether Lot complies with the
Conditions of Business, and will return to the Buyer in the currency
to cancel the absentee bid, it shall notify the Company no
y ma
g to the latter's
ether with the
descriptions in the Compan
loss, legal e
r'
or other forms of display boards in the auction. ﬔe contents
descriptions in the Company's catalogue of the Lot and later than 24 hour s befor e the Auction D ate. or other forms of displa y boar ds in the auction. ﬔ e contents bought on behalf of the Buyer according to the latter's limited to economic loss, legal expenses, default penalty and of the original deal the Hammer Price together with the Buyer's s
rice tog
xpenses, default penalty and
din
Buye
limited to economic
of the orig
y's catalogue of the L
bought on behalf of the Buyer accor
inal deal the Hammer P
later than 24 hours before the Auction Date.
ot and
other images and public materials, rather than relying on the shown ar e for r ef er ence only . It is possible that ther e ar e requirements, this is considered as a service provided by the pass due inter est caused b y the dela y in pa yment or r efusal Commission that the Buyer has paid to the Company for the Lot. .
y for the L
other images and public materials, rather than r
this is consider
shown are for reference only. It is possible that there are
ed
y the
Commission that the Buyer has paid to the Compan
g on the
equir
ements,
r
ot
elyin
vice provided
b
as a ser
pass due interest caused by the delay in payment or refusal
UCTI
ESUL
r
etion
on
i
Compa
n
I
ega
n
to
ha
of
diﬀerences in the information such as the amount, reference
e decisions.
ON R
th
catalogue, images and public materials to make decisions. ARTICLE 42 AUCTION RESULTS OF ABSENTEE BID diﬀ er ences in the information such as the amount , r ef er ence Company to the Buyer and the Company has the discretion to mak e pa yments b y the Buyer; In this regard, based on the reasonable opinion of the Company, ,
catalogue, images and public materials to mak
e Co
the
disc
SENTEE BID
y
n
th
e r
TICLE 42 A
th
to make payments by the Buyer;
mpa
Compa
n
n
s
ea
s
s
Buyer
AR
r
on
i
y
ed o
n
a
T
the
s
nd
d, ba
bl
e opi
th
e
y
r
S OF AB
a
o r
, imag
counterf
f
e
to decide whether to provide this service, if any losses
ot
e
r
etain that or an
e
6. T
eits r
y to bid, the
es of the L
nce for
n
numb
er of the L
eig
ot or r
ot that the same Buyer has
y other L
ef
er to frauds in v
If a Bidder who has appointed the Compan
If a Bidder who has appointed the Company to bid, the number of the Lot, images of the Lot or reference foreign to decide whether to provide this ser vice, if an y losses 6. To retain that or any other Lot that the same Buyer has counterfeits refer to frauds in various aspects such as the source,
arious aspects such as the source,
IS
enc
the
or
TICLE 35 R
TRA
show
ms
r
pr
G
tor
ima
esponsibilities shall be
auction r
bought via the Company, and any other properties or rights
ur
arise therefrom, the Buyer shall bear them itself. Under no
ON OF BIDDERS
ojec
elated
E
legal r
, place of origin, date, production year
AR
ARTICLE 35 REGISTRATION OF BIDDERS auction results and the related legal responsibilities shall be c currency etc. shown in the image projector or other forms arise ther efrom, the Buyer shall bear them itself . U nder no bought via the Compan y , and an y other proper ties or rights producer, place of origin, date, production year, duration, type,
ge
TI
n
etc
other
esults and the r
or
n

.
producer
y
f
, duration, type,
i

s and t
e
tion
onsib
shall not b
an
rce
or sou
son, befor
corr
e
ear an
la
ct descrip
of d
le for an
tc. of the
ate, he/
ar
y
borne b
ticle, and the
isp
y the Bidder
he
Comp
e r
to property of the Buyer that the Company holds for any
cultur
oar
circumstances shall the Comp
esp
s e
e the Auction D
d
b
If the Bidder is a natural person, before the Auction Date, he/ borne by the Bidder. . of display boards and the Company shall not bear any circumstances shall the Company be responsible for any y to proper ty of the Buyer th a t the Compa n y h ol ds f or a n y culture or sources etc. of the article, and the correct description
an
If the Bidder is a natural per
y b
y
y
she

th
g
in
indic

dder
tes
xpenses and/or risks incurr
a
Bi
ed durin
g the
of the above points have not been recorded in the contents of the
e
th

O
d
Bi
der
r
et
easons, all the e
the
n
i
Absentee
sh e sha l l ﬁ ll i n a nd si gn th e r egis tra tion doc uments w ith a n If If the Bidder indicates in the Absentee Bid Order that it bids responsibilities for any losses caused by such diﬀerences. damage of the glass or picture frame, box, backing sheet, , r reasons, all the expenses and/or risks incurred during the of the above points ha ve not been r ecor ded in the contents of the
she shall ﬁll in and sign the registration documents with an
e
ictu
a
f the
g
ences.
frame
bi
ack
t
lass or p
r

er
y losses caused b
esponsibilities for an
e
, b
x, b
damag

i
r
t
y such diﬀ
o
o
ds
y instant communication methods such as telephone, it
etention period shall be borne b
y special terminologies ar
catalogue (an
r
identity document with photo issued b y the government (such b by instant communication methods such as telephone, it frame case, mountin g, inser ts, rollin g rod or similar auxiliar y retention period shall be borne by the Buyer. If the Buyer fails catalogue (any special terminologies are taken into consideration).
identity document with photo issued by the government (such
e tak
frame case, mounting, inserts, rolling rod or similar auxiliary
y the Buyer
en into consideration).
. If the Buyer fails
a as resident identity card or passport), and provide proof of shall fill in the instant communication me thod accu rate ly AR TICLE 48 SUC CESSFUL BID objects caused b y an y r easons. to perform all its duties concerned within the period speciﬁed Any damage and/or any type of restored item and/or repaired
nd
r
epair
to perf
d
orm a
of
ARTICLE 48 SUCCESSFUL BID
proof
ed item and/or r
or
a
y
s
erned w
estor
esident

type of r
ed
An
t),
provide
y damage and/or an
identity
ed
shall fill in the instant communication method accurately

ithin the period spec
r
iﬁ
pa
sspor
ll its duties c
c

a
objects caused by any reasons.
onc
the curr ent addr ess (e.g. utility bill or bank statement); if the and k e ep the instant communication instrume nt p rop erly , The fact that the Auctioneer confirms the highest bid of a Where the Buyer requests the Company to assist it in by the Company, the Company has the right to issue a lien items (including repainting or painting on top of it) of the Lot shall
epaintin
n
y
W
the current address (e.g. utility bill or bank statement); if the
, the
and keep the instant communication instrument properly,
g or paintin
the Compa
g on top of it) of the L
b
ot shall
y has the right to issue a
g r
equests the Compan
n
items (includin
he fact that the Auctioneer confirms the highest bid of a
y
y to assist it in
her
Compa
lien
T
e the Buyer r
k
y or other or
. Please pa
onsider
notice tothe Buyer
attention that if
agin
s c
during the period in which the Company is appointed to bid,
ounterf
g and
e the Auction
ollec
eit
tin
g the purchased L
not
of the
y
ganization, befor
g, mailin
ed a
Bidder is a compan
Bidder is a company or other organization, before the Auction dur i n g th e per i o d i n w h i c h th e Com pa n y i s a ppoi n ted to bi d, Bidder b y strik in g his/her hammer or in an y other manner of c collecting the purchased Lot (the packaging, mailing and notice tothe Buyer and dispose of the items under lien if the not be considered as counterfeit. Please pay attention that if
ot (the pac
lien if the
items under
and dispose
Bidder by striking his/her hammer or in any other manner of
be c
s
x
is
n
g
the
, th
a
be pa
n
i
the Bidder shall use that instant communication instrument

sale

s h
sh
shall
publicly
si
gn
ﬁ
on
spor
ol

ll
ses
a
a
ti
h
a
l
e f
l
te,
l
n
l
tua
a
s
pen

it
ppen
rmin

of
r
i
a
ti
a
y of
a
a
th
a
r
egi
nd
D
n
e
l
nd
the
Date, it shall ﬁll in and sign the registration documents and th e Bi dder sh a l l us e th a t i n s ta nt c om mun i c a ti on i n s tr ument publicly conﬁrming the sale shall indicate the conclusion of a tr transportation expenses shall be paid by the Buyer) by y Buyer ha s not yet fully pa id a ll outstandin g a mounts w ithin a any of the following situations happens, this warranty shall not
n
r
Buyer has not yet fully paid all outstanding amounts within
l
ow
nty s
d b
w
indicate
y the Buyer
conclusion
ot
conﬁ
l
stra
h
) b
ti
doc
uments
a
th
i
on
on
ta
e
g si
its
er
if

a
c
ten
collect a paddle with its valid certificate of incorporation itself . W her e the instant communication instrument is lost or sales contract for the L ot between the Bidder and the S eller . means of post , e xpr ess deliver y or transpor tation, the 30 days after the issue of that notice. if the items under lien apply; The contents of the catalogue are based on generally y
issue
a
sales contract for the Lot between the Bidder and the Seller.
y; T
t
e c
orpor
on
th
th
a
c
of
l
ogue a
lien

gen
te
ta
i
c
er

oll
tif
ed on
ddle
notice.
a
of
aft
tion
da
e ba
ts
l
e c
of
ys
w
s
r
l
ppl
the
that
30
inc
means of post, express delivery or transportation, the
pa
a
lid
under
ec

v
itself. Where the instant communication instrument is lost or
items
a
the
h
a
er
accepted opinion of academics and specialists on the selling date,
y shall be deemed to ha
ot and the
and proof of shar
are insuﬃcient to oﬀset all the monies payable by the Buyer
ed the L
and proof of shareholding and legitimate authorization it cannot be within control, the Bidder shall immediately use a Company shall be deemed to have delivered the Lot and the ar e insuﬃ cient to oﬀ set all the monies pa yable b y the Buyer accepted opinion of academics and specialists on the sellin g date,
g and legitimate authorization
ve deliver
it cannot be within control, the Bidder shall immediately use a
eholdin
Compan
written form r
or contradictions in opinions are shown in the contents of the
to
ﬔ
to the Company, the Company has the right to claim them;
equest
document
ON AND E
Compan
the
TICLE 49 C

OMMISSI
XPENSES
Bidder

AR
y
y the Compan
pr
ecognized b
esent
e
y to chan
y
ge the instant
Buyer shall be deemed to have collected such Lot according
ma
document. ﬔe Company may request the Bidder to present written form recognized by the Company to change the instant ARTICLE 49 COMMISSION AND EXPENSES Buyer shall be deemed to ha ve collected such L ot accor din g to the Compan y , the Compan y has the right to claim them; or contradictions in opinions ar e shown in the contents of the
.
r
details
for
ommunic
ter
g
s
procedur
c
Bidder

c
conditions

normal
suc
sellin
the
nancial
or
to the
r
proof
Absentee
method
7. The Company has sole discretion to cancel the sale or
of
of

other
w
bank
y's deliver
Af
provin
O
l
filled
of
ha
bec
in the
ﬁ
a
proof
proof of bank details or other proof of ﬁnancial conditions for communication method filled in the Absentee Bid Order. . After the Bidder has succeeded in bidding, it will become to the normal procedure upon the Company's delivery of the 7. T he C omp an y has sole d iscr e tion to cance l the sale or catalogue; or On the selling date, the only method of proving the
the only method
ome
talogue; or On the
der
il
y of
a
g the
e upon the Compan
g,
tion
ddin
bi
Bid
c
eeded
da
the
it
te,
in
, e
e B
i
em
um
a
is ap
xpr
y
dd
's
be a
ot
post
agree that the Consignor can cancel the deal, and reserve
w
t L
uyer
pointed to b
eit is not a method which can be used in general;
i
payment purposes. During the period the Company is appointed to bid, it shall the Buyer of that Lot. A buyer's premium will be added to L Lot to the post, express delivery and transportation entities, agr ee that the Consignor can cancel the deal, and r eser ve L Lot is a counterfeit is not a method which can be used in general;
id, it shall
l
ot to the
tation entities,
l
pa
pr
Durin
Compan
ed to
o
f
.
eriod the
y and transpor
A buyer
th
ess deliver
ot is a counterf
th
yment purposes.
the p
g
losses
i
c
y
s
i
n
e us
ec
tr
mmer P
x
ble
z
er
k
the
. T
c
w
s
ogn
i
h
ge o
b
the buyer a
i
c
h
es
pa

es
h

i
f
r
a
e r
e
due
i
empl
ed
mak e appropriate ef for ts to contact the Bidder , the biddin g the Hammer Price and is payable by the buyer as part of companies or their employees/branch offices. The risks s the right to claim all the losses suﬀered by the Company due which is recognized; which is extremely high price; the usage of f
a
s
par
i
gh
nc
th
suﬀ
make appropriate efforts to contact the Bidder, the bidding
right
claim
ya
e
ei
/br
to
y h
ric
and is
el
h
w
y
the
pr
h
h
oyees
the
ed;
o
c
y
the
t of
of
i
i
Ha
b
i
s
r
Compan
e; th
em
all
ompa
r
c
od i
h
uc
meth
g from this process shall
s
tion
;
AR
or
the total purchase price. ﬔe buyer's premium is 20% of the
ti
in
l
c
to the cancellation of that deal;
or
y h
ARTICLE 36 PADDLE information transmitted by that instant communication the total purchase price. ﬔ e buyer's pr emium is 20% of the arising from this process shall be borne by the Buyer. Unless to the cancellation of that deal; such method is impractical; or this method may have caused
a
ma
tra
th
s
TICLE 36 P
be borne b
meth
b
y
i
on
t
th
nsmi
tted
od ma
a
m
nt
a
i
s
pr
v
ommun
ic
i
c
e c
nless
a
a
ti
used
. U
nf
sta
ADDLE
arisin
a
c
y the Buyer
y th
he Compan
t i
e B
s
s
mi
n
dder
i
8. ﬔe Company can place the Lot for auction again or sell it
The Company can announce before the Auction Date the instrument (whether or not it is transmitted by the Bidder hammer price of each lot and at the same time other Buyer's Buyer gives a clear indication and pa ys insurance pr emium, 8. ﬔ e Compan y can place the L ot for auction again or sell it damage to the Lot or may (according to the reasonable opinion of
e the Auction D
easonable opinion of
tr
a
T
tted b
din
ate the
um
tr
eth
i
hammer price of each lot and at the same time other Buyer's
t (w
damage to the L
en
h
y can announce befor
n
g to the r
Buyer gives a clear indication and pays insurance premium,
ot i
n
ot or ma
or
er
y (accor
s
edur
a
th
ddl
e f
n
c
g pa
o
f
gi
r
o
o
d pr
ti
n
c
a
o
n
di
es
s
a
n
r
conditions and procedures of arranging paddle for the e per sonally or the Bidder's agent) shall be consider ed as Expenses, and recognizes that the Company can charge the no insurance is provided in the process of mailing, express by other means according to the provisions of the Conditions the Compan y) ha ve alr eady caused the L ot to lose v alue; or If the
r
on
ge the
char
the Compan
no insurance is provided in the process of mailin
y can
ecognizes that
g, e
y other means accor
xpenses, and
personally or the Bidder's agent) shall be considered as
ess
xpr
r
the Company) have already caused the Lot to lose value; or If the
g to the provisions of the Conditions
b
din
E
eller e
alue from the description of the L
h
g
tted
din
i
m
s
tation generally
a
n
of the
Compan
auction
y material v

and
y
deliver
diﬀ
a
tr
, and the
S
eller
xpenses accor
bea
to
g
eller the commission and other S
Bidder
d
ega
Bidder according to diﬀerent auction conditions and auction transmitted by the Bidder itself, and the Bidder shall bear legal l Seller the commission and other Seller expenses according delivery or transportation generally. . of Business with the consent of the Seller, and the Company L Lot has not lost any material value from the description of the Lot. .
n

,
er
a

r
B
e
l
dd
th
i
of Business with the
s
consent
B
e
accor
S
b
th
y
ts
i
f
el

dder
i

din
ot
ot has not lost an
er

y or transpor

conditions
ent
auction
l
l
k
eser
n
ma
n
r
igh
r
eement
R
l
the
y s
y er
un
e n
dec
te
to
to provisions of the Consignment Agr
der
a
de
i
ty f
th
t
nd
.
g but not limited to the qualific
ta
h
a
i
wise provided in this ar

en b

E
l
ﬔ
methods etc., including but not limited to the qualification r responsibilities for the actions taken by it. Unless the Buyer to provisions of the Consignment Agreement. . The Company shall undertake no liability for any error, , r reserves the right to decide the Estimate and Reserve. ﬔe 2 2.Unless otherwise provided in this article, the time limit of this
methods etc., includin
l
bi
a
y it
T
e
eser
a
nless other
sti
i
or
o
esponsibilities for the actions tak
ve.
nless the Buyer
ation
U
e
ticle, the time limit of this
ves
l
pa
. U
e Com
h
or
di
ti
is
the
on
limited

concerned.
is
dder
n

ﬔ
original Buyer shall pa
to a
g
a and conditions for the Bidder to arrange a paddle. The e itself has chan ged the instant communication method ﬁ lled in omission, damage or destruction caused by the packaging original Buyer shall pay the commission and other Buyer's w warranty is 5 years from the Sale Date concerned. ﬔis limited
ate
ale
agin
y the commission and other Buyer's
S
r
on
D
d c
arranty
y the pack
i
omission, damage or destruction caused b
5
from
ge a
f
pa
itself has changed the instant communication method ﬁlled in
s
th
e B
s
year
h
r
e. T
n
or
ddl
a
ARTICLE 50 TAXES
clusively enjoyed b
, and shall not be
the Absentee Bid Order by a written method recognized by the
xpenses and the S
y the Buyer
arranty is e
company and post, express delivery and transportation
Compan
y solemnly r
Company solemnly reminds that a paddle is the only proof the Absentee Bid Or der b y a written method r ecognized b y the AR TICLE 50 T A XES compan y and post , e xpr ess deliver y and transpor tation Expenses and the Seller in the first auction, and it shall warranty is exclusively enjoyed by the Buyer, and shall not be
eller in the fir
eminds that a paddle is the only proof
E
st auction, and it shall
w
x
an
s to t
Comp
monie
ll the
a
ar
e net
y
for the Bidder to par ticipate in the auction at the venue. ﬔ e Company. All telephone bids may be recorded and kept at Poly A All the monies that the Buyer pays to the Company are net entities or companies designated b y the Buyer or bear all the costs of the second auction or the sale of the transferred to any third party. In order to make claims based on
for the Bidder to participate in the auction at the venue. ﬔe
he
y
er p
s that the Buy
der to mak
bear all the costs of the second auction or the sale of the
e claims based on
oly
entities or companies designated by the Buyer or
ecor
ed to an
transf
. In or
. All telephone bids ma
y thir
err
y be r
y
ty
ded and k
Compan
ept at P
d par
y to the Buyer
y other means. If the price obtained from the second
notify
y the Compan
y
Bidder
w
other
r
writin
,
shall:-(1)
Buyer
Bidder shall keep it properly and shall not lend it to others to Auction (Hon g K on g)'s sole discr etion, b y optin g for telephone amounts, which shall not include an y ta x on goods, ta x recommended by the Company to the Buyer. . Lotby other means. If the price obtained from the second this warranty, the Buyer shall:-(1) notify the Company in writing g
eep
L
this
s to
in
arranty
the
Auction (Hong Kong)'s sole discretion, by opting for telephone
amounts, which shall not include any tax on goods, tax
and shall not lend it to
ecommended b
the
it properly
Compan
shall k
otb

one
thin
orma
of
a
n
ti
i
on
ic
f
use it . If it is lost , it shall immediately handle the loss r epor t bids, the Bidder agr ees that its phone conver sation will be on ser vices or other v alue added ta x (whether levied b y auction or the sale of the L ot b y other means is lower than w within one month after the receipt of any information which h
month
eipt
r
nf
ec
auction or the sale of the Lot by other means is lower than
i
w
th
y
e
h
on services or other value added tax (whether levied by
ter
use it. If it is lost, it shall immediately handle the loss report
a
bids, the Bidder agrees that its phone conversation will be
f
the original auction sum, the original Buyer shall pay the
th
I
a
formalities in a written form r ecognized b y the Compan y . r recorded. Hong Kong or other regions). If there is any tax applicable AR TICLE 57 IMPOR T , E XPOR T LICENSES AND the original auction sum, the original Buyer shall pa y the leads the Buyer to doubt the authenticity or attributes of the L ot ,
formalities in a written form recognized by the Company.
o
ppl
n
s
x
a
g o
ARTICLE 57 IMPORT, EXPORT LICENSES AND
o
er
r
a
)
n
er
ecor
r
egi
s
e
Ho
bl
ded.
leads the Buyer to doubt the authenticity or attributes of the Lot,
y ta
n
.
i
th
e i
g K
on
c
son holdin
MIT
to the Buyer, the Buyer shall bear it itself according to the
shortfall;
g a paddle has been appointed
PER
No matter if the per
specifying the reference number of the Lot, the Sale Date and
Nevertheless, under no circumstances shall the Company
No matter if the person holding a paddle has been appointed Never theless, under no circumstances shall the Compan y to the Buye r , the Buy er shall be ar it itse lf accor din g to the PERMIT shor tfall; specifyin g the r ef er ence number of the L ot , the S ale D ate and
Buyer
y
r
g acts at auction ar
for
y the Bidder or not
ant la
ently in force.
e
provisions of the r
obtainin
ﬔ
impor
and
by the Bidder or not, his or her bidding acts at auction are e be responsible for any unsuccessful contact or errors s provisions of the relevant laws currently in force. ﬔe Buyer shall be responsible for obtaining any import and 9. T o of fset an y monies r elated to the L ot that the Buyer r reasons for which it is considered as counterfeit. For the Lots
elev
esponsible
, his or her biddin
shall

an
t
ws curr
g
b
be
. F
9. To offset any monies related to the Lot that the Buyer
es
f
it
c
ots
e
be r
ul c
ponsi
or the
a
onta
c
ed as count
or
L
asons for which it is consid
uc
n
y uns
err
ess
er
or
e
t or
erf
ble f
a
insta
usin
Compan
tha
s

other
t
g
nima
or
l
y an
or
and
t
f
should
y b
enda
biddin
g
the
e

or
enses,

notiﬁ
permit
y owes the

ic
l
y sums that the Compan
cation
tea,
omissions in
of
xpor
nt
sent
considered as having been made by the registered person
alcohol
consider ed as ha vin g been made b y the r egister ed per son or omissions in the bidding process using that instant export licenses, permit for endangered animals or other owes the Company by any sums that the Company owes the of alcohol and tea, notiﬁcation should be sent to the Company y
ed
the
ess
ger
owes the Compan
to
proc
be
n
ARTICLE 51 PAYMENT TIME
Buyer in an
communication instrument
within one week; (2) return the Lot to the Company in the
y other transactions;
aspects related to the Lot. Failure or delay in obtaining
himself, and the Bidder shall bear the legal responsibilities
himself , and the Bidder shall bear the legal r esponsibilities communication instrument. . AR TICLE 51 P A YMENT TIME aspects r elated to the L ot . F ailur e or dela y in obtainin g Buyer in any other transactions; within one week; (2) r eturn the L ot to the Compan y in the
b
r the L
ea
paid
, unless the Bidder himself has
a
y
ot is successfully
permits r
the
y
a
r
same conditions as it was on the date of sale, and the proper
n
s
e
sold in an auction, unle
deemed a
Compan
can
y
be

ﬔ
10.

for the acts of the former
for
for the acts of the former, unless the Bidder himself has After the Lot is successfully sold in an auction, unless any permits required shall not be deemed as a reason for 10. ﬔe Company can decide to use any monies paid by the same conditions as it w as on the date of sale , and the p rop er
an
son
ed
y
equir
fte
monies
ss
decide
ll not
sha
use
A
to

184 185 186 187 188 189 190 191 192 193 194